Altcoins Drop $50B as Traders Brace for Fed Decision, But BTC May Hit $130K if Catalysts Align

Altcoins Bleed $50B as FOMC Looms — Will a Soft Inflation Print Spark a Crypto Rebound?

In the hours leading up to the highly anticipated FOMC rate decision, the crypto market has entered de-risking mode, with altcoins bearing the brunt of volatility while Bitcoin (BTC) holds steady just above $118,000.

The broader altcoin market has shed $50 billion in value over the past 48 hours, dropping from $1.57 trillion to $1.52 trillion, amid macro-driven anxiety and reduced leveraged exposure across derivatives markets.

With key catalysts looming—including the Fed’s interest rate update and the July PCE inflation report—investors are bracing for potential high-impact moves across both BTC and altcoins.

Altcoins Lead Risk-Off Pullback Ahead of Fed Decision

While Bitcoin recovered slightly from its intraday dip to $116.95K, altcoins remained under pressure as traders chose to scale back risk exposure in anticipation of the U.S. Federal Reserve’s policy stance.

Top Altcoin Losses in the Past 24 Hours:

Bonk (BONK): -10%

Pepe (PEPE): -4%

Dogecoin (DOGE): -3%

Binance Coin (BNB): -3%

Cardano (ADA): -2.6%

Solana (SOL): -2.2%

This risk-off behavior came as macro uncertainty continues to influence investor sentiment, especially in high-beta altcoins, which are more sensitive to shifts in monetary policy and liquidity.

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